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How does OSAP work? How can I pay it off? We make it make sense + MORE Feb 6th
This week, we’ve received a few questions on student loans, from how the interest percentage works, to if students can start investing while receiving financial aid..... More »
It’s a MoneyWise Makeover! + MORE Aug 5th
Dear Money Wise Readers,
We’ve had a makeover! We at RateSupermarket.ca are so proud to unveil the new MoneyWise – a one-stop information centre for all things personal finance! Whether you’re looking for credit card basics, mortgage tips, or everyday budget know-how, you’ll find it her.... More »
Canada’s best credit cards 2021 + MORE May 8th
Finding the right credit card could save you hundreds, if not thousands, of dollars a year. Whether you’re looking for lower fees, more rewards or simply valuable perks like travel medical insurance or rental car savings, every dollar counts. If you use your credit card wisely, pay off your balanc.... More »
How to juggle RRSPs, TFSAs, RESPs and a mortgage + MORE Apr 6th
It’s funny how having a few kids can upend even the best laid financial plans. That’s precisely what Sammu and Mandy Dhaliwall are discovering as they deal with the competing challenges of raising children and still finding a way to pay off the mortgage and save for the future. It’s a juggling.... More »
Advice for cash-strapped renters and landlords during COVID-19 + MORE May 16th
When the COVID-19 pandemic swept across North America in early 2020, it created a wave of income loss that impacted people from all walks of life. While some individuals have been hit harder than others, it’s difficult to find a group or industry that hasn’t been affected. A small segment of the.... More »
The Cypriot government says depositors at the country’s largest bank will lose 47.5 per cent of their savings over the 100,000-euro ($132,000 Canadian) insurance limit.Compare to Save Thousands In Minutes on Car and Travel Insurance
– ratesupermarket.ca
RateSupermarket.ca Adds Travel and Auto Features to Insurance Comparison Lineup
Toronto Ontario – July 24, 2013: For many Canadians, the summer season presents the perfect time for a road trip or family vacation – and budgets can skyrocket along with hot weather temperatures. When it comes to trimming seasonal travel costs, the right insurance coverage can present significant savings – and now it’s easier than ever to find the best quotes in your region.
RateSupermarket.ca, Canada’s comprehensive rate comparison site, has unveiled new additions to their rate comparison options – a newly enhanced car insurance engine featuring over 40 carriers, and a brand new, in-depth travel insurance comparison service.
Powered by Kanetix Ltd., RateSupermarket.ca’s certified auto and travel insurance quote provider, these powerful comparison engines work within minutes to locate customized quotes for consumers based on their personal driving history, vehicle, and travel needs…
How To Save On Camping
– ratesupermarket.ca
Camping season is here! For outdoor enthusiasts, there’s nothing better than picking a new region, packing up the car and heading out for a weekend in the woods. For those on a budget, though, camping isn’t cheap, especially when you want to do it every weekend. Wanna save a buck or two this summer? Read this savings guide for great money-saving tips.
Saving On Camping Gear
The best way to save on camping gear is by buying second hand. Luckily, camping gear is one of those things that people seem to buy, rarely use and then either sell online or at garage sales. With a little work, though, you could have a great set of gear for next to nothing.
There’s a lot of great gear out there, and while it might be tempting to buy all of the latest gadgets and gizmos, most of the stuff out there is unnecessary. Stick with the basics – a tent, a cooler, a foam mat or inflatable mattress, sleeping bag, and little items, like a flashlight, air pump, and bug spray.
When you go to make your major purchases, it’s best to buy at the end of the season…
Debt dilemma
– moneysense.ca
A new poll for BMO suggests some 83% of Canadians have some form of debt (including mortgages), up from 74% from at the same time last year. Average monthly payments meanwhile are down from $1,138 in 2012 to $986. “With Canadian household debt levels remaining at dangerously high levels, we have to wonder why so many Canadians are making lower monthly debt re-payments. When interest rates are low, as they currently are, Canadians need to do more than just make the minimum payment each month. Consumers need to take advantage of our current economic climate and put more effort towards retiring their debt,” said Consolidated Credit’s Jeffrey Schwartz in a release Wednesday.
Meanwhile, a poll for TD Canada Trust has found that 40% of recent post-graduate students find it difficult to make minimum repayments on student loans in the first two years after graduating. As a result, many admit to postponing a number of life milestones, including buying a first home (40%), starting a family (36%), getting married (23%) and even moving out of their family home (18%), until student debts are repaid…
